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Find all the economic and financial information on our Orishas Direct application to download on Play StoreRotimi Amaechi, Nigerian Minister of Transport said that the new infrastructure should be built in the city of Warri, whose economy is mainly based on the refinery and other activities related to extractive industries including oil and natural gas.
The country has several port complexes, the main ones being the Onne Port port complex, which is the largest oil and gas free zone in the world and which serves the West African hinterland with in particular 65% of the traffic. export cargo, the port complex of Rivers Port which includes Port-Harcourt, one of the best ports in the country and the port complex of Can Island created in 1997.
Large scale multimodal infrastructure
The new port includes rail, oil and gas infrastructure in its construction plan.
At the end of 2018, Nigeria's foreign trade statistics office said that the country's exports represented, in the first quarter of the same year, 4,690 billion naira (153.4 billion dollars), crude oil sales they accounted for 76.3% of export earnings over the same period; amounting to 3,580 billion naira (11.7 billion dollars).
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